Benefits
Residency €500,000 + Costs
Time to Residency 8-20 weeks
Visa-free travel to all Schengen area
Why Monaco?
The residence of choice for the wealthiest and most famous
A multicultural society having an attractive lifestyle
Location at the border of the French and Italian Riviera.
The international airport of Nice has excellent access by air, road, and sea.
Good opportunities for investors and resident property dealers due to a stable real estate market.
Availability of very high-quality education, sports, and cultural facilities.
Secure environment & high confidentiality.
Residency Procedure
Open a bank account in Monaco and deposit EUR 500,000.
Present a bank reference letter to the government stating that you have sufficient funds to support yourself with appropriate accommodation in the country.
Provide a criminal record certificate from each country where you resided in the past five years before the application.
Obtain long-term visa from the French authorities, if a non-EEA national.
Apply for a Monegasque residence permit, after obtaining a visa.
The residency process has three stages with different renewal timeline and residency period.
Get a residence permit valid for one year and renewable for one-year increments for the next two years in the first stage. You need to stay in Monaco for a minimum of three months per year.
In the second stage, obtain the Ordinaire permit, valid for three years, with the same minimum stay requirement.
Get a privileged residence card valid for ten years with six months per year minimum stay requirement in the third stage.
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Monaco is a tiny independent city state on France’s Mediterranean coastline.
Religion
Roman Catholic:90.0% | Others:10%
